Power Transmission Leaders gather at 2024 Industry Summit to broaden horizons and elevate excellence

Listen to this article

The PTDA 2024 Industry Summit, held at The Broadmoor in Colorado Springs, Colo., brought together over 425 power transmission/motion control (PT/MC) industry executives to explore the theme “Broadening Horizons. Elevating Excellence.” The event sparked fresh thinking and provided actionable insights for tackling key challenges within the PT/MC sector.

Participants engaged in a series of forward-looking sessions focused on topics like artificial intelligence (AI), digital marketing and economic forecasting. Economist Taylor St. Germain, ITR Economics, provided an in-depth look at current economic trends, equipping attendees with the insights necessary to navigate the uncertainties of 2025 and beyond. Digital marketing expert Steve Lerch shared innovative strategies for connecting with today’s buyers, while AI specialist Ramy Nassar explored how artificial intelligence can automate processes and enhance customer experiences. The closing keynote by Tim Gabrielson added a lighter touch, combining humor and magic to offer attendees practical ways to tackle daily challenges with positivity and resilience.

During the Annual Business Meeting, the 2025 PTDA Board of Directors and Manufacturer Council was elected, with Bill Shepard, BDI and Sara Zimmerman, Sumitomo Machinery Corp. of America, elected as President and Chair, respectively. Additionally, Brian Short, who retired from a 40-plus year career in the PT/MC industry in 2022, was celebrated as recipient of the Warren Pike Award for lifetime achievement, the industry’s greatest honor.

Networking opportunities were a focus for attendees with events like the two-day Manufacturer-Distributor Idea Exchange (MD-IDEX) which allowed for personalized discussions between channel partners. Special gatherings also brought together women in the industry, family-owned business leaders and young professionals, fostering community and collaboration across the industry.

The Power Transmission Distributors Association (PTDA) is the leading global association for the industrial power transmission/motion control (PT/MC) distribution channel. Headquartered in Chicago, PTDA represents power transmission/motion control distribution firms that generate more than $19 billion in sales and span over 2,700 locations. PTDA members also include manufacturers that supply the PT/MC industry.

PTDA is dedicated to providing exceptional networking, targeted education, relevant information and leading-edge business tools to help distributors and manufacturers meet marketplace demands competitively and profitably.

Magazine & eNewsletter

Printed Monthly Magazine

Published monthly, Material Handling Wholesaler offers feature columns and special coverage of relevant industry issues and products.

Digital Monthly Magazine

Published on the fourth Thursday of each month, Material Handling Wholesaler offers feature columns and special coverage of relevant industry issues and products.

Material Handing Wholesaler Weekly Newsletter

Our Weekly newsletter is emailed every Tuesday and contains the latest Industry Events and People News, Source Directory, and important Industry Links.

Forklift International Weekly Hot Sheet Newsletter

Published every Monday morning with the latest material handling equipment
available for sale.

Share the Post:

Related Posts

Our Current Issue

Magazine & eNewsletter

Our magazine is published and mailed monthly, Material Handling Wholesaler offers feature columns and special coverage of important industry issues. 

Weekly Newsletter – Get the latest industry events and people news in this weekly e-newsletter as well as direct access to Wholesaler’s Source Directory and link.

Current Supplements







Caldwell launches custom lifting beam with LGH

Listen to this article A new lifting beam that enables forklifts to more efficiently carry longer loads is now in…

Fed holds rates steady amid diverging views; Manufacturing outlook remains strong

Listen to this article The Federal Reserve held the federal funds rate steady at a target range of 4.25% to…

Seeking Nominations: 25th Salute To Women in Material Handling Cover Story

Listen to this article Do you know an exceptional woman making an impact in the material handling industry? Material Handling…

The PTDA Manufacturer-Distributor Idea Exchange evolves as the largest direct networking event for PT/MC Channel Partners

Listen to this article In response to demands for more effective tools for accelerating supply chain relationships, the Power Transmission…

Wauseon Machine launched field services business unit to maximize uptime and lifecycle value

Listen to this article Providing comprehensive, customer-centered support through high-quality service solutions Wauseon Machine has announced a significant strategic shift…